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Linetech Company's bank statement showed an ending balance of $8,900. Items appearing in the bank reconciliation included: outstanding checks, $950; deposits in transit, $1,900; bank
Linetech Company's bank statement showed an ending balance of $8,900. Items appearing in the bank reconciliation included: outstanding checks, $950; deposits in transit, $1,900; bank service charges, $59; and Driver Company's $295 check erroneously deducted from Linetech's bank account by the bank. What is the correct cash balance at the end of the month?
$9,850.
$9,555.
$10,145.
$13,408.
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